Noront Resources Appoints Peter Mah and Yuanqing Xu to Board of Directors
Chromium – Noront Resources (TSXV:NOT) announced the appointment of Mr. Peter Mah and Mr. Yuanqing Xu to the company's board of directors.
Chromium – Noront Resources (TSXV:NOT) announced the appointment of Mr. Peter Mah and Mr. Yuanqing Xu to the company's board of directors.
Palladium – Noront Resources Ltd (TSXV:NOT), a palladium developer, announced the appointment of Mr. Yuanqing Xu and Mr. Peter Mah to the board, and the resignation of Mr. Joe Hamilton and Mr. Lin, subject for approval by the TSX Venture Exchange.
Owning the supply chain is one way for miners to wring added value from their operations in an ever-tightening economy.
Noront Resources (TSXV:NOT) welcomed Mr. Tom Anselmi to its Board of Directors.
Chromium – Following the release of its Feasibility Study, the Financial Post reported an interview with Noront Resource's (TSXV:NOT) CEO, Wes Hanson, regarding the company's Eagle Nest Property, a nickel-PGM project in northern Ontario's Ring of Fire.
Investors should keep an eye on ShaMaran Petroleum, ATAC Resources and Noront Resources, all of which traded at high volumes on the TSX Venture exchange this past week.
Palladium – Mining Weekly reported Noront Resources (TSXV:NOT) said it won't release its Eagle’s Nest deposit study after Cliffs Natural Resources (NYSE:CLF) said it will release a similar study.
Chromium – Noront Resources Ltd. (TSXV:NOT) announced that it has decided to evaluate the impact of recent announcements by the Government of Ontario and Cliffs Natural Resources regarding the proposed location of a ferrochrome smelting facility in Sudbury and road access to the Ring of Fire, prior to issuing the Feasibility Study for it's Eagle's Nest Project. Noront also announced the completion of its previously announced offering with Baosteel Resources International Co. Ltd., whereby Baosteel exercised its right to maintain its 9.9% interest in the Company.
Chromium – Ontario's Ring of Fire area faces another hurdle as groups opposed to the venture call for a joint environmental review.
Nickel – Platts reports that Baosteel Group Resources has agreed to invest at least $18.2 million for a 9.9% stake in Noront Resources (CVE:NOT).
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